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FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Forex Analysis

Forex Analysis:::2024-05-06T02:55:56
Forecast for GBP/USD on May 6, 2024
GBP/USD On Friday, the British pound momentarily surged by more than 100 pips, but quickly retreated to its initial positions, closing the day up by only 12 pips. The upper...
Forex Analysis:::2024-05-06T02:55:52
Forecast for AUD/USD on May 6, 2024
AUD/USD On Friday, the Australian dollar rose above the resistance level of 0.6627, as it previously did on March 8, March 21, and April 9. And until the price consolidates...
Forex Analysis:::2024-05-05T23:13:13
What to expect for the dollar next week?
The US currency is facing challenging times. Over the past few weeks, demand for the US dollar has significantly decreased, largely due to US data. Virtually all of the most...
Forex Analysis:::2024-05-05T23:13:08
What to expect for the pound next week?
The British currency has been in a splendid mood lately. Despite the lack of significant reports in the UK over the past two weeks, the US dollar came...
Forex Analysis:::2024-05-05T23:13:02
What to expect for the euro next week?
Another week came to an end, and for the dollar, it ended quite differently than I expected. The US reports turned out to be weaker than market expectations. Unfortunately...
Forex Analysis:::2024-05-03T15:36:23
Trading Signals for EUR/USD for May 3-5, 2024: sell below 1.0803 (overbought - 5/8 Murray)
Given that the eagle indicator is giving overbought signals, our trading plan for the next few hours will be to sell below 5/8 of Murray located at 1.0803 with targets...
Forex Analysis:::2024-05-03T14:46:35
Trading Signals for GOLD for May 3-5, 2024: sell below $2,320 or below $2,300 (21 SMA - 200 EMA)
The eagle indicator is giving overbought signals. For this reason, we believe that a technical correction could occur in the next few hours which will be seen as an opportunity...
Analysis News:::2024-05-03T13:20:30
USD experiences day X
The expected non-farm payrolls data may show that the US economy created 243k new jobs last month. This number is significantly lower than the 303k jobs added in March, which...
Forex Analysis:::2024-05-03T11:16:12
GBP/USD: trading plan for the US session on May 3rd (analysis of morning deals). The pound is preparing to get out of the side channel
In my morning forecast, I focused on the level of 1.2565 and planned to make decisions regarding market entry based on it. Let's take a look at the 5-minute chart...
Forex Analysis:::2024-05-03T10:51:32
EUR and GBP may drop
Today, there may be a turning point in the market, which everyone has been expecting since the meeting of the Federal Reserve. It is all about the fact that today...
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